Texas is among the states with the highest income inequality, according to a new report from the Center on Budget and Policy Priorities. Texas ranks 10th in the country, with its richest residents— the top five percent of households—

In the 2015 session, legislators considered a promising proposed constitutional amendment to give cities, counties, and other local taxing units the option of lowering property taxes through a flat-dollar homestead exemption. The measure passed the Senate and the House Ways

Tax cuts are the wrong priority – Texans would be better served if lawmakers increased investments in public services. However, as I told members of the House Ways & Means Committee late Tuesday night, if lawmakers feel they have to cut

In Texas, school districts grant residential homeowners a flat-dollar-amount homestead exemption of $15,000, but local governments are currently prohibited from doing the same. While they can offer percentage exemptions, the ability to offer flat-dollar-amount homestead exemptions would benefit both homeowners

Public attention is currently focused on the large tax-cut bills that both the House and the Senate passed, in different forms. The House plan, which would reduce the rates of the sales and franchise tax, would cut the amount of

The price of oil, which was over $100 per barrel last summer, has lately been selling at half that amount. Drilling new wells has slowed down, so we’re left to wonder: What happens to state revenue if oil and gas